Reading the tape
NASDAQ: TXRH
Texas Roadhouse, Inc.
Consumer Cyclical · Restaurants
Market Cap
$10.28B
52w High
$199.99
52w Low
$153.83
P/E
25.40
Volume
1.07M
Outstanding Shares
65.93M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -8.93%Revenue (TTM): 9.39%FCF (TTM): -14.33%P/FCF: 51st pct
What changed
The stock fell 8.93% over the last year. Revenue grew 9.39% over the trailing twelve months. Operating margin moved from 9.61% to 8.21%. Free cash flow declined 14.33% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 8.21%. A decisive move in revenue — currently up 9.39% — would be the clearest signal to resolve the ambiguity.
Company profile
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally.
CEOGerald L. Morgan
SectorConsumer Cyclical
IndustryRestaurants
Employees95,000
IPO dateOct 5, 2004
Valuation
Forward P/E—
EV/EBITDA18.70
Enterprise value$12.85B
Stock splits
Sep 26, 2005↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth3.07%
Gross margin15.01%▼29.56%vs FY2024
Operating margin8.21%▼11.05%vs FY2024
ROE27.76%▼13.03%vs FY2024
Analyst consensus
RatingHold
Target price$189.80▲21.76%
17
Buy
26
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $1.81 · Revenue est $1.64B
View
Dividends
$2.79/shareQuarterlyDividend Achiever · 13yrSafeTXRH pays a dividend with a 1.79% dividend yield, 13 consecutive years of growth, growing at 14.17% annually, covered 1.9× by free cash flow.
Dividend Yield
1.79%
Annual Div / Share
$2.79
5yr CAGR
+14.17%
Doubles every ~5.2yr
Payout Ratio
44.45%
Safe
Dividend Growth Rate
3yr CAGR
+13.07%
5yr CAGR
+14.17%
10yr CAGR
+14.83%
Dividend Safety
8/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$2.79+11.2%
2024$2.51+11.1%
2023$2.26+17.1%
2022$1.93+16.3%
2021$1.66+31.7%
2019$1.26+20.0%
2018$1.05+19.3%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$18/yr
$1/mo
In 5 yrs
$32/yr+76%
$3/mo
In 10 yrs
$56/yr+211%
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$18/yr $1/mo | $32/yr+76% $3/mo | $56/yr+211% $5/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 1.79% → 5.56% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
TXRH has raised its dividend for 13 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 1.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 14.17% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.